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Asset Financing |
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Asset Financing The act of a company pledging a security interest in some asset in order to obtain cash. This term is most commonly used when a company is seeking short-term financing, such as working capital. Generally speaking, asset financing refers to a company's pledge of its accounts receivable or inventories in order to obtain a loan, but other assets may be used as well. See also: Factoring, Collateral. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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